Bed & Breakfasts for sale in Campbeltown

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 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Freehold Price: £800,000
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Business Description
A rare opportunity has arisen to purchase a fully licensed 13 bedroom hotel with elevated and panoramic views across the charming Campbeltown Loch. Built by a former distillery owner in 1882 this beautiful Victorian mansion house has been tastefully, and impeccably, restored by the current owners. The property boasts an array of original features including wood panelling, ornate cornicing and painted glass windows. With current turnover in the region of £300k there is an excellent opportunity to increase revenues and to add an extension that will increase the number of rooms available.

Panoramic views over Campbeltown Loch
13 letting rooms
Guest lounge bar
34 Cover restaurant
Fully licensed
Large private gardens
Tastefully refurbished
Original features
Commercial kitchen
Grade B listing
Lapsed planning permission
Strong trading figures and excellent margins
Freehold Sale
Offers Over £800,000

With a Scottish Tourist Board three star award and certificate of excellence from Trip Advisor the Craigard
House Hotel offers some of the most comfortable rooms in Campbeltown and without a doubt some of the best views on the Kintyre Peninsula. The hotel trades throughout the year and has a good mix of income from accommodation, food and wet sales. During the spring, summer and autumn months there is a good level of trade from tourists exploring this popular and remote corner of the West of Scotland, golfers and those enjoying the Whisky Trail or outdoor pursuits. During the winter months there is a steady stream of contractors and business people. The local economy is growing and there is now a greater influx of tourists and business people to the area throughout the year.
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Room rates currently range from £66 per person per night for the single room up to £139 per room per night for the suite with the 4 poster bed. They offer various deals on short breaks and stays over the winter period. The hotel uses a number of online booking platforms such as booking.com that secure a considerable amount of advance bookings.

In addition to breakfast for guests the hotel is also open for evening meals. The Lochside Restaurant specialises in freshly prepared local seafood and shellfish from Kintyre waters; Lamb, Beef, Pork and Eggs from nearby farms; award‐winning cheese and smoked produce from the local area.

The hotel can cater for small bespoke functions and has successfully done so on many occasions in the past. Craigard is suitable for small weddings and for the hotel to be completely taken over by parties for the whole duration. Events and Functions have not been heavily promoted but are areas where business could be further expanded.

There is an opportunity to expand the property and create additional letting rooms. The local council and Highland and Islands Enterprise are keen to support this and have previously offered a grant and financial assistance towards the expansion and upgrade of the hotel. Campbeltown needs additional letting rooms.
Tenure: Freehold

Location Details:

With a population of around 7000 people Campbeltown is situated on the beautiful Kintyre Peninsula. Once known as the whisky capital of the world, today it now has 3 active distilleries. With a natural deep harbour the town has retained its fishing fleet and is also a safe haven for local and touring yachtsmen.
The main pier has recently been extended to accommodate larger cargo vessels and a popular new ferry service to Ardrossan has also been introduced. The local airport is about 3 miles outside the town and during the week, and weekends in season, it offers two flights daily to Glasgow (30 mins). Glasgow is some 137 miles away (3 hours by car). Campbeltown has an excellent range of shopping facilities including a number of galleries, craft shops, independent retailers and 2 supermarkets. There are excellent primary and secondary schools in the town. There are 4 banks, a library and large leisure centre with swimming pool. For golf lovers there are 3 18 hole courses close by, including then, championship links course at Machrihanish and also the recently opened Machrihanish Dunes course. There are plenty of other outdoor pursuits close by including loch and sea angling, wind surfing, surfing, walking and horse riding

Downloadable Documents

Listed by: CCL Property Ltd
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